A family-owned mattress manufacturer with roots dating back to 1957 has filed for Chapter 11 bankruptcy protection. Ortho Mattress Inc. makes and sells mattresses through over 60 retail locations across Southern California.
Court filings show the company’s estimated liabilities significantly exceed its assets. The filing also lists several unsecured creditors.
Ortho Mattress Inc., Files for Bankruptcy
The nearly 70-year-old company filed for Chapter 11 bankruptcy on June 1, 2026. According to court records reviewed through Pacermonitor, the case filings mention attorney Ron Bender of Levene, Neale, Bender, Yoo & Golubchik L.L.P. as the legal counsel.
Court documents estimate the company’s liabilities at between $10 million and $50 million, compared with assets of between $1 million and $10 million.
Filing details add that Ortho Mattress Inc. is a small business debtor and has decided to proceed under Subchapter V of Chapter 11, according to RK Consultants. Unlike traditional cases, these filings allow businesses to fulfill their bankruptcy requirements in a faster and cost-effective manner.
Highlights from the Petition
Court filings identify David Fleischman, co-chief executive officer and director of Ortho Mattress, as the company’s authorized representative in the bankruptcy case. Through a declaration listed in the petition, Fleischman describes the company as a ‘debtor-in-possession.’ This suggests that the mattress company remains in control of its regular operations.
The declaration added that the debtor company is a Qualified Subchapter S Subsidiary of High Street Holdings, Inc., meaning it is wholly owned by the parent company and is not treated as a separate entity for federal tax purposes.
As a result, the debtor’s financial results are provided through High Street Holdings, Inc. However, it remains a separate legal entity that can enter contracts and pursue bankruptcy proceedings in its own name, i.e., Ortho Mattress Inc.
The company also submitted a list of creditors with the largest unsecured claims. Some of these include E.S. Kluft & Company Inc., Simmons Manufacturing, Enriquez Materials Quilting, Cooper Ranch Plaza, LLC, and Mann Enterprises, Inc.
Court filings indicate that funds will be available for distribution to the unsecured creditors.
Other document filings, as shown in the Chapter 11 petition, included the most recent balance sheet, cash flow statement, and statement of operations. The list of equity security holders stated that High Street Holdings, Inc. holds 100% of the company’s equity interests.
A summary of the petition is shared here:
- Filing Date: June 1, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Central District of California (San Fernando)
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-11189
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $10,000,001 and $50 million
- Estimated Creditors: Between 50 and 99
- Reason for Filing: Restructure business under court supervision
Company Background
Founded in 1957, Ortho Mattress Inc. is a mattress manufacturer and retailer based in California.
The company merged with W. Simmons Industries in 1996, became WE Bedding in 1997, and was acquired by High Street Holdings the following year. The company reopened its own manufacturing facility in Cerritos, California, in 2002 and then rebranded as Ortho Mattress in 2004.
The company consolidated production in California in 2007 before expanding into Arizona in 2018.
Currently, the company’s products are manufactured in-house and sold directly to customers through 60-plus locations across Southern California. Its product lineup includes mattresses, adjustable bases, furniture, and sleep accessories, with an emphasis on factory-direct pricing and proprietary sleep technologies.
According to the company’s website, recent initiatives include its CoolQuilt™ technology, the use of hand-tufted construction and natural materials, and the expansion of its OrthoPlex® product line.
The latest filing marks a notable point for the decades-old mattress manufacturer and retailer. The outcome of the case is expected to determine the future financial footing of the long-standing company.
